Examples of Secondary Interest in a sentence
As used herein, “GSC Group” means any of GSCP (NJ), Inc., GSCP (NJ), L.P., GSCP (NJ) Holdings, L.P., GSC Secondary Interest Fund, LLC, GSCP, LLC, GSC Group, Inc.
Xxxxxxxxxxx Dxxxx Xxxx & Wxxxxxxx 400 Xxxxxxxxx Xxxxxx Xxx Xxxx, XX 00000 Fax No.: 200-000-0000 If to the Transferor: GSC Secondary Interest Fund, LLC c/o GSC Group 300 Xxxxxx Xxxxx, Xxxxx 000 Xxxxxxx Xxxx, XX 00000 Fax No.: 900-000-0000 If to the Transferee: To the address set forth under the name of the Transferee in Schedule A hereto or to such other address or to the attention of such other person as the recipient party has specified by prior written notice to the sending party.
Trustor agrees that all sums expended by Trustee or Beneficiary pursuant to this paragraph, together with interest at the Secondary Interest Rate from the date of expenditure by Beneficiary, shall be added to the principal amount of the Indebtedness secured by the Loan Documents and this Deed of Trust and shall be payable by Trustor to beneficiary upon demand.
If Assignee incurs any such liability, loss, cost, damage or expense, the amount thereof with interest thereon at the Secondary Interest Rate (as defined in the Note), shall be payable by Assignor immediately upon demand, shall be secured by the Deed of Trust, and shall be part of the Indebtedness; provided that if such amounts are paid within five business days after such demand, such amounts shall instead bear interest at the Interest Rate (as defined in the Note) in lieu of the Secondary Interest Rate.
Each Seller severally and not jointly hereby acknowledges and agrees that in addition to the transfer restrictions set forth in the Purchase Agreement by and among the Company, GSC Secondary Interest Fund, LLC, a Delaware limited liability company, and such Seller, dated as of December 12, 2006 (in the case of Messrs.
Xxxxxxxxxxx Xxxxx Xxxx & Xxxxxxxx 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, XX 00000 Fax No.: 000-000-0000 If to the Seller: GSC Secondary Interest Fund, LLC c/o GSC Group 000 Xxxxxx Xxxxx, Xxxxx 000 Xxxxxxx Xxxx, XX 00000 Fax No.: 000-000-0000 or to such other address or to the attention of such other person as the recipient party has specified by prior written notice to the sending party.
To the extent that the surviving entity is the successor to the Bank's claims against the Government, the rights of Secondary Interest Holders shall be unchanged.
The completion of the Share Exchange (including the acquisition of both the Initial Interest and the Secondary Interest would result in: (i) MobileMail owning 49% of the issued and outstanding shares of TxtNation (subject to adjustment), (ii) the board of directors of MobileMail including two nominees chosen by TxtNation, (iii) the board of directors of TxtNation including one nominee chosen by Mobile Mail; and (iv) the current TxtNation Shareholders will be shareholders of MobileMail.
In the event of an acquisition of the Bank or a merger in which the Bank is the surviving separate entity, the rights of Secondary Interest Holders shall be unchanged.
The Bank may require payment by the Secondary Interest Holder of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer, split up, combination or exchange of Secondary Participation Interests.